Edited excerpts: Market has been on a high, will it remain the same ahead of election results or will there be a correction? Markets work like discounting machines that often incorporate forward-looking events into current prices. They typically show a reversal only when unexpected surprises occur. Events like election results […]
bjp
“Assuming a stable alliance under Modi’s leadership for the next five years, we recommend buying equities on a steep correction. We do not see any chance of a non-NDA government coming to power,” said the brokerage firm. Concerns over low voter turnout overblown While the stock market’s biggest concern about […]
The Indian stock market would experience a significant adverse reaction if the Bharatiya Janata Party (BJP) secures less than 250 seats in the Lok Sabha elections, ace investor and author Ruchir Sharma told India Today in its Pop-up Conclave in Mumbai. Sharma, the Chairman of Rockefeller International, commented while answering […]
Edited excerpts: How do you expect the market movement after the Lok Sabha election outcome on June 4? When can we expect fresh record highs? The base case scenario anticipates the formation of a government by the BJP. However, we anticipate potential market volatility post-election, especially if the BJP fails […]
Dedicated emerging market (EM) foreign investors, Wood noted, may no longer be ‘overweight’ on India given a combination of sustained outperformance and strong domestic inflows prompting a potential shift in foreign investor sentiment. However, Chris Wood continues to have a positive structural view on India’s domestic demand cycle. Another reason […]
Bernstein expects sectors such as infra, manufacturing, domestic cyclical, financials, and SOEs (state-owned enterprises) to lead, while consumer and IT will lag. For a few days, SMIDs (small and midcaps) may do better than large caps, said Bernstein. The final two phases of the seven-phase Lok Sabha election 2024 are […]
Stock Market Today: As India moves into the last phases of the Lok Sabha elections, the volatility in the markets remains high, as reflected in the movement of the benchmark indices. The BSE Sensex, despite hitting the $5 trillion market cap milestone recently, is at around 74,115 levels, at least […]
Traders in India’s stock market are turning to illegal election betting platforms for clues to combat the uncertainty regarding the outcome of the ongoing general elections, reported news agency Reuters. According to the report, in the weeks leading up to the vote counting on June 4, the market has been […]
The Indian stock market is witnessing heightened volatility and the Nifty 50 has dropped over 4% from its peak. Uncertainty over the ongoing Lok Sabha elections, weak global cues, unimpressive Q4 results and relentless selling by foreign institutional investors have been weighing on Indian equities. The key trigger for the […]